Van Elle Holdings PLC Director/PDMR Shareholding (3059O)
May 16 2018 - 8:09AM
UK Regulatory
TIDMVANL
RNS Number : 3059O
Van Elle Holdings PLC
16 May 2018
For immediate release 16 May 2018
Van Elle Holdings plc
('Van Elle', the 'Group' or the 'Company')
Director Shareholding
Van Elle Holdings plc (AIM:VANL), the geotechnical contractor
offering a wide range of ground engineering techniques and services
to customers in a variety of UK construction end markets, announces
that Jon Fenton (CEO) has today sold 5,614,165 ordinary shares of
two pence each in the Company, representing approximately 7.02% of
the issued share capital. Following the trade, Jon Fenton no longer
holds any ordinary shares in the Company. As announced on 3 May
2018, Jon is stepping down from the Board on 18 May 2018 as part of
the Group's CEO succession process.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Jon Fenton
--- ----------------- ----------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Chief Executive Officer
--- ----------------- ----------------------------------------
b) Initial Initial notification
notification
/Amendment
--- ----------------- ----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Van Elle Holdings plc
--- ----------------- ----------------------------------------
b) LEI 213800LQC6YL8KJT1Y18
--- ----------------- ----------------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -----------------------------------------------------------
a) Description Ordinary Shares of GBP0.02 each
of the
financial
instrument, ISIN: GB00BYX4TP46
type of
instrument
Identification
code
--- ----------------- ----------------------------------------
b) Nature Sale of ordinary shares
of the
transaction
--- ----------------- ----------------------------------------
c) Price(s) Price Shareholder No. of shares
and volume(s) ------ ------------- --------------
85p Jon Fenton 5,614,165
------ ------------- --------------
--- ----------------- ----------------------------------------
d) Aggregated
information Volume: 5,614,165
- Aggregated Weighted average price: 85p
volume
- Price
--- ----------------- ----------------------------------------
e) Date of 16 May 2018
the transaction
--- ----------------- ----------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ----------------- ----------------------------------------
- Ends -
For further information:
Van Elle Holdings plc
Tel: +44 (0) 1248 362
516
Adrian Barden, Non-Executive www.watkinjonesplc.com
Chairman
Peel Hunt LLP (Nominated Advisor & Joint Broker) Tel: +44 (0) 20
7418 8900
Mike Bell / Justin Jones www.peelhunt.com
Notes to Editors
Van Elle Holdings plc (AIM:VANL) is a geotechnical contractor
offering a wide range of ground engineering techniques and services
to customers in a variety of UK construction end markets
This information is provided by RNS
The company news service from the London Stock Exchange
END
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